Andrew King Energy4All Presentation
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Andrew King Energy4All Presentation

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As part of the Innovation Manchester Boardroom: The Formula for Cooperation Andrew King, CEO and Founder of Energy4All presented how a Cooperative model has worked for his organisation.

As part of the Innovation Manchester Boardroom: The Formula for Cooperation Andrew King, CEO and Founder of Energy4All presented how a Cooperative model has worked for his organisation.

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Andrew King Energy4All Presentation Presentation Transcript

  • 1. Andrew King Chairman, Energy4All
  • 2.
    • Background. Why do we exist?
    • Principles
    • What do we do?
    • Business Challenges?
    • Achievements?
    • Lessons
    ENERGY4ALL
  • 3. Background Why do we exist?
  • 4. Principles
    • We seek to combine…..
    • Co-op / Environmental Ethics
    • with
    • Business Professionalism
  • 5. What do we do? We ‘facilitate’ community ownership Note: Sector Characteristics Why Co-ops? Why Regulated offers? Why Wind?
  • 6.
    • Sector Issues – Scale / cost / Planning / Variables etc.
      • Deals with the devil?
    • A minnow amongst sharks?
      • USPs? Unique / flexible / Co-op family
      • Professionalism - vital
      • Earning a living – SME issues
    • Ethics vs profits?
      • Members Motivations
      • Gearing dilemmas
      • Democracy vs. effectiveness? Long term relationships
    Business Challenges?
  • 7. Achievements?
    • Since 2002……..
    • 9 projects trading
    • £14m equity raised + £ 7m borrowed
    • >7,500 members
    • Returns
      • Social / environmental
      • Financial
  • 8. E4All Projects Millennium Ben Aketil Boyndie Kilbraur Fenland Baywind Westmill Findhorn Community Co-ops owning turbines Community co-ops owning stakes Also: ENERGY PROSPECTS CO-OP Pre-planning developments
  • 9. Key Lessons
    • Co-op structure flexible and effective
    • High skill / performance levels essential - credibility
    • Huge latent support for community engagement
    • Potential in many other sectors?
  • 10. Energy4All Core Structure 2010 Andrew King Chair Marna McMillin CEO Stephen Andrews Non-exec Annette Heslop Admin / Accounts Director Tammy / Steph / Sue / Claire John Malone England Dev Dir Jon Halle Mark Jennison Scotland Dev Dir Paul Phare Mike Smyth Non-exec Simon Williams Non-exec